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T. Rowe Price Group (NASDAQ:TROW) Given New $106.00 Price Target at Evercore ISI
Evercore ISI has cut its price target for T. Rowe Price Group (NASDAQ:TROW) to $106 from $116, maintaining an “in-line” rating. This adjustment contributes to a broader analyst “Reduce” consensus with an average target of $103.50. The company’s stock is currently trading around $94.58 following a Q4 earnings miss and net outflows, which analysts identify as key near-term downside catalysts.